The Central Bank of Nigeria has imposed a fine of ₦150 million on Deposit Money Banks that have been found guilty of distributing illegal mint naira...
Amid liquidity challenges in the financial sector, Nigerian banks borrowed an estimated N9.97 trillion from the Central Bank of Nigeria (CBN) in November 2024, about 44.90...
The Central Bank of Nigeria (CBN) has announced that it will maintain the Monetary Policy Rate as a key strategy for managing inflation, which is one...
Governor Olayemi Cardoso of the Central Bank of Nigeria has urged Nigerian youths not to leave the country. He assured them that the ongoing reforms and...
The Central Bank of Nigeria is reportedly planning to lay off around 1,000 employees as part of a strategic workforce restructuring effort. An allocation of over...